SEATTLE–Officials of The Dow Hotel Company (DHC), a leading national hotel owner/investor and operator, today announced that it is aggressively ramping up its acquisition program and that hotel industry veteran Greg Denton has joined the company as senior vice president of hotel investments. He will be responsible for sourcing acquisitions, structuring financing, investor relations and asset management.
“Greg brings the full range of hotel investment expertise and adds considerably to our bench strength. There are still quality risk/reward acquisition opportunities, especially for properties that can benefit from renovation, repositioning and strong management, which are our core strengths.”
With nearly three decades of hotel experience, Denton has acquired, developed and asset managed more than $6 billion in hotel real estate. His background includes senior positions with The Related Group of Florida, Gencom Group, CNL Hospitality and White Lodging Services. He holds both a Bachelor of Science and Master of Science Degree from the Cornell School of Hotel Administration. Denton is a frequent speaker and author on hotel asset management and hotel investment.
“We have been both an active buyer and seller of hotels the past year and continue to see significant opportunities to acquire and add value to hotel real estate,” said Murray L. Dow II, DHC founder and president. “Greg brings the full range of hotel investment expertise and adds considerably to our bench strength. There are still quality risk/reward acquisition opportunities, especially for properties that can benefit from renovation, repositioning and strong management, which are our core strengths.”
Dow noted that the company seeks full-service hotels and resorts in primary, secondary and selected tertiary markets. DHC has in-depth experience and relationships with all the premium hotel brand families, as well as with independent boutique and life-style hotels and resorts.
About The Dow Hotel Company
Founded in 1997, Seattle-based The Dow Hotel Company is a hotel owner/investor and operator of 10 first-class properties throughout the United States. The company’s portfolio of owned and managed properties consists of institutional-grade hotels, under such full service brands as Marriott, Hilton, Hyatt, Embassy Suites, DoubleTree, Sheraton, and Crowne Plaza. The company aggressively seeks to acquire, co-invest with joint venture partners and/or manage mid- to large-size, first-class, full-service hotels, especially those with extensive food and beverage capabilities.
The company currently operates food and beverage facilities around the nation, ranging from casual dining to upscale, bars/lounges with Starbucks and Tully’s coffee outlets. In addition to Masterson’s, the division’s proprietary restaurant concepts also include Basil’s Kitchen, SunSpot, BC Bistro and eTown Bistro. Additional information about The Dow Hotel Company may be found at www.dowhotelco.com.
